Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

ANWR Leasing Revenue Estimates (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (6 pages)
add to cart or subscribe for unlimited access
Release Date April 21, 2006
Report Number RS22428
Report Type Report
Authors Bernard A. Gelb, Resources, Science, and Industry Division
Source Agency Congressional Research Service
Summary:

Congress is again faced with deciding whether to allow the coastal plain of theArctic National Wildlife Refuge (ANWR) to be explored for oil and gas - with goodprospects of finding economically recoverable amounts. Should permission be granted,companies would bid to lease parcels of land in the Refuge, and the revenues from thewinning bids would be shared by the federal government and the state of Alaska. Afederal budget issue is what would be the total of the winning bids - the leasingrevenue.